VANCOUVER, Sept. 6, 2012 /PRNewswire/ - Brazil Resources Inc. (the "Company" or "Brazil Resources") (TSX-V: BRI) (OTCQX: BRIZF) is pleased to announce that recent rock sampling, geophysical and soil geochemical surveys at its Artulândia project have identified an anomalous copper gold zone of approximately 1,000m by 250m, which is open in all directions. The Artulândia project covers 12,000 acres within the Company´s 247,000 acre Pireneus district and is located in Goias state, one of the most prolific mining districts in Brazil.

Stephen Swatton, President and CEO, stated, "Our geological team believes Artulândia has the potential to be a significant discovery, made with a modest budget in an area that has not had previous mining or exploration activity. Based on preliminary exploration data, similarities are being drawn with Yamana's Chapada Copper-Gold Mine to the north. However, we acknowledge that the Artulândia project is in the early stages of exploration and, therefore, more work, including drilling, needs to be done to fully realize and understand this project."

Highlights from the new results obtained at Artulândia include:•Target ART-1; Further follow-up work completed on target area ART-1 has confirmed new mineralized outcrops, with increased copper values of up to 0.81%, gold values of up to 2.3 g/t and silver values of up to 344 g/t, plus additional anomalies of lead-zinc. A geophysical survey has identified a main IP anomaly trending along strike for approximately 400m, which coincides with the geochemically defined gold-copper zone identified by previous soil and rock chip sampling. ART-1 is considered a priority, and the next phase of exploration is expected to include diamond drilling of this target. Geochemical sampling indicates that the mineralization extends for an additional 600m to the east of the main IP anomaly (Targets ART-2 and ART-3).•Target ART-5; A new zone located approximately 750m NE of ART-1 has been discovered comprising gossans trending along strike for approximately 700m. These gossans are similar to those found at target area ART-1. A total of 50 rock geochemical samples have been collected from target area ART-5 and sent to the laboratory to confirm the presence of mineralization.

In its news release dated April 26, 2012, Brazil Resources announced the first results of a geochemical sampling program at Artulândia and identified eight target areas (ART-1 to ART-8) with elevated copper, gold, lead and zinc values surrounding a large intrusive granitoid with rock grab sample results of up to 1.2 g/t gold, 0.7% copper and greater than 2% lead-zinc in separate samples.

Since May 2012, follow-up geochemical sampling and detailed geological mapping programs have been completed on target areas ART-1 and ART- 5. In addition a geophysical IP/Mag ground survey has been completed and a trenching program has been initiated at ART-1. To date, assay results are available for a total of 603 rock grab samples, 1,581 soil samples and 62 stream sediment collected from target areas ART-1 and ART-5.

Based on petrographic and detailed geochemical and geophysical data interpretation, Company geologists believe the geology at Artulândia may be a porphyry copper deposit. Therefore comparisons are being drawn with the Chapada Mine operated by Yamana Gold, which is located approximately 140 km north of the Artulândia project. Chapada produced 135,000 oz of gold and 166 million pounds of copper in 2011 as publicly disclosed by Yamana. Readers should be aware that the comparison to Chapada contained herein is based on preliminary exploration by the Company to date and substantial additional exploration is required to define the extension, continuity and geology of the mineralized zones at Artulândia, which does not currently have any defined resources, and, therefore, the results at Chapada are not necessarily indicative of the potential of the Artulândia project.

The geophysical survey was performed by Fugro Geophysics, and processed by Reconsult Geofísica. The IP-resistivity survey comprised 7.65 line kms, and the magnetics survey comprised 23.35 line kms. The grid lines were oriented north-south and each line was 100 meters apart.

Future Work:The Company plans to further its exploration efforts on all the remaining targets. A diamond drill program to investigate Target 1, and possibly Targets 2 and 3, is currently under consideration. Targets ART-4, ART-5 and ART-6 have been outlined by the recent geophysical survey and will be investigated by additional rock sampling and mapping. The current geochemical/geophysical results only represent the investigation of two targets (ART-1 and ART-5) of the eight geochemical targets initially identified by the Company.

Target 1 is defined by a 400m long high IP trend, the inversion sections show that this trend could be dipping from west to east, going from a superficial response to a deeper signature. This possibility, if proven correct, could add another 600m to this target, effectively extending Target 1 to the eastern boundary of Target 2 (Figure 2).

Brazil Resources is a publicly listed mineral exploration company with a focus on the acquisition and development of projects in emerging producing gold districts in Brazil and other parts of South America. Currently, the Company is advancing its Montes Áureos, Trinta and Maua Gold Projects located in the Gurupi Gold Belt in the state of Maranhão in northeastern Brazil, and its Pireneus Gold Project in Goias State, in central Brazil. Brazil Resources is also seeking to acquire and develop additional gold properties within Brazil and other locations in South America.

Note Regarding Scientific and Technical Information

Paulo Pereira, the Company's Vice President of Exploration has supervised the preparation of and reviewed the technical information and verified the data contained in this document. Mr. Pereira holds a Bachelor degree in Geology from Universidade do Amazonas in Brazil, is a qualified person as defined in National Instrument 43-101 and is a member of the Association of Professional Geoscientists of Ontario.

The reconnaissance sampling at the Artulândia project was performed using stream sediment sampling to cover the entire area of the claim block. Streams sediment samples were collected using 10 liters constant volume samples and the collected material was panned in the field for gold color counts. Follow-up sampling was completed on anomalous areas defined by the results of the stream sediment sampling. Soil samples were collected on regular grids (200m x 50m) at 0.30 m depth. The material excavated in each soil sampling location was homogenized and a 2 kg representative sample was collected. Rock samples (hand-specimen size) were collected during geological mapping over the entire area and on target area ART-1 rock samples were collected over regular grid (100m x 25m) and on representative mineralized outcrops.

Brazil Resources operates QA/QC controls of sampling and analytical procedures. For geochemical sampling (stream sediment, soil, rock) duplicates are inserted in the sample batches at a reason of one duplicate for every ten samples. Samples from the Artulândia project are transported by the company staff from the project by road to SGS-Geosol Labs in Goiania, Goias for preparation and pulps are sent to SGS-Geosol Labs in Vespasiano, Minas Gerais, Brazil in secured and sealed sample bags for analysis. Samples are assayed by the lab for gold using a 50 gram fire assay with AAS finish and ICP for 37 elements.

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Vancouver, British Columbia - September 25, 2012 - Brazil Resources Inc. (the "Company" or "Brazil Resources") (TSX-V: BRI; OTCQX: BRIZF) is pleased to announce that, further to its news release dated July 11, 2012, the Company has completed the acquisition of a 100% interest of the Cachoeira gold project (the "Cachoeira Project"), located in Pará State, Brazil, from Luna Gold Corp. ("Luna"). The transaction was completed under the terms of the previously announced share purchase agreement dated July 10, 2012 between Brazil Resources and Luna (the "Agreement"), pursuant to which Brazil Resources has acquired all of the issued and outstanding shares of Luna Gold (International) Corp., a wholly-owned subsidiary of Luna, which owns an indirect 100% interest in the Cachoeira Project.

Amir Adnani, Chairman, stated: "The acquisition of the Cachoeira Project is a significant milestone in the Company's growth. We are eager to continue the development of the Cachoeira Project, building upon the exploration and development work previously completed by Luna and its predecessors. We continue to assess other potential opportunities in the prolific Gurupi Gold Belt, with a view towards adding to the Company's four current projects here."

Steve Swatton, President and CEO, added: "This acquisition furthers our previously stated expansion goals. Our geological team is excited to commence work directly at the project site. Moving forward, Brazil Resources plans to coordinate with the local community and commence a work program on the property that will include, among other things, additional drilling at the Cachoeira Project with the goal of expanding and further defining the current resources, and completing additional studies and reports in connection with fulfilling license requirements."

The Transaction

Brazil Resources acquired 100% of the issued and outstanding shares of Luna Gold (International) Corp., which holds an indirect 100% interest in the Cachoeira Project through its subsidiaries. Brazil Resources paid $500,000 cash and issued 1,428,000 common shares (the "BRI Shares") to Luna at closing. Pursuant to the Agreement, the following additional payments are to be made by the Company to Luna:•$300,000 cash and 1,214,000 BRI Shares within 12 months of closing the transaction;•$300,000 cash and 1,214,000 BRI Shares within 30 days of receipt of approval of a mine development plan by the DNPM and the environmental preliminary licenses for a gold mining operation relating to the Cachoeira Project;•$2,500,000, payable in cash or BRI Shares, at Brazil Resources' sole discretion, upon commencing mine construction at the Cachoeira Project, consisting of completion of $500,000 of expenditures towards such construction; and•$3,000,000, payable in cash or BRI Shares, at Brazil Resources' sole discretion, one year after achieving commercial production at the Cachoeira Project.

The total consideration under the transaction amounts to approximately $12.0 million based on a deemed issue price of $1.40 per BRI Share utilized by the parties. Notwithstanding the foregoing milestones, all of the payments from Brazil Resources to Luna will become due and payable four years after the closing date of the transaction. Any discretionary share-based payments will be valued based on the volume weighted average trading price of the BRI Shares for the 10 days prior to such payment. Brazil Resources' payment obligations are evidenced by a promissory note issued by the Company to Luna, containing customary events of default and acceleration provisions, and are secured by security interests granted by the Company and its subsidiaries to Luna against, among other things, interests in the Cachoeira Project and the shares of the subsidiaries to be acquired under the Agreement.

Resource Estimate

Roscoe Postle Associates Inc. prepared a National Instrument 43-101 ("NI 43-101") technical report on the Cachoeira Project (the "Technical Report") for Brazil Resources dated July 19, 2012 and titled "Technical Report on the Cachoeira Project, Pará State, Brazil". The Technical Report provides the following current mineral resource estimate for Tucano, Arara and Coruja deposits of the Cachoeira Project:

In addition, the Technical Report states that good potential exists for continuation of mineralization at depth and between the three deposits following the major structural corridor. A complete copy of the Technical Report is available for review under the Company's profile on SEDAR at www.sedar.com.

The Cachoeira Project

The Cachoeira Project is located on the Gurupi Gold Belt, approximately 220 kilometres southeast of the Pará State capital of Belém and about 270 kilometres northwest of the port city of São Luis, Maranhão State. The Cachoeira Project comprises one contiguous block consisting of two mining and three exploration licenses covering approximately 4,742 hectares. Between 1985 and 2008, Luna and prior operators, completed drilling programs at the Cachoeira Project consisting of 183 diamond core holes (23,263 m), 94 RC holes (6,732 m), eight combined diamond/RC holes (1,307 m), and 488 auger holes (5,798 m) for a total of 773 holes drilled (37,100 m).

In addition to governmental royalties, the Cachoeira Project is subject to a 4.0% net profits royalty payable to prior owners. Up to one-half of such royalty interest may be re-acquired prior to the first anniversary of commercial production at the Cachoeira Project by paying the holders US$1,000,000 for each 0.5% increment of the royalty interest. If production is not achieved at the Cachoeira Project by March 10, 2014, a US$300,000 per year payment in lieu of the royalty will be payable to the royalty holders.

The Company's initial priority is to engage the local community surrounding the Cachoeira Project to form a project development plan. The Company's geological team will also conduct a review of prior work directly on-site, with plans to commence an in-fill drilling program, initiate follow-up geological work on geochemical anomalies not drilled or not adequately drilled previously, and to start an environmental baseline study in the near-term.

Brazil Resources is a publicly listed mineral exploration company with a focus on the acquisition and development of projects in emerging producing gold districts in Brazil and other parts of South America. Currently, the Company is advancing its newly acquired Cachoeira Project along with its Montes Áureos, Trinta and Maua Gold Projects located in the Gurupi Gold Belt in the state of Maranhão in northeastern Brazil, and its Artulândia Copper-Gold Project in Goias State, in central Brazil. Brazil Resources is also seeking to acquire and develop additional gold properties in Brazil and other locations in South America.Acquisition of the Cachoeira Project from Luna Gold Corp Video News http://ow.ly/dYRF7

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Vancouver, British Columbia - September 25, 2012 - Brazil Resources Inc. (the "Company" or "Brazil Resources") (TSX-V: BRI; OTCQX: BRIZF) is pleased to announce that, further to its news release dated July 11, 2012, the Company has completed the acquisition of a 100% interest of the Cachoeira gold project (the "Cachoeira Project"), located in Pará State, Brazil, from Luna Gold Corp. ("Luna"). The transaction was completed under the terms of the previously announced share purchase agreement dated July 10, 2012 between Brazil Resources and Luna (the "Agreement"), pursuant to which Brazil Resources has acquired all of the issued and outstanding shares of Luna Gold (International) Corp., a wholly-owned subsidiary of Luna, which owns an indirect 100% interest in the Cachoeira Project.

Amir Adnani, Chairman, stated: "The acquisition of the Cachoeira Project is a significant milestone in the Company's growth. We are eager to continue the development of the Cachoeira Project, building upon the exploration and development work previously completed by Luna and its predecessors. We continue to assess other potential opportunities in the prolific Gurupi Gold Belt, with a view towards adding to the Company's four current projects here."

Steve Swatton, President and CEO, added: "This acquisition furthers our previously stated expansion goals. Our geological team is excited to commence work directly at the project site. Moving forward, Brazil Resources plans to coordinate with the local community and commence a work program on the property that will include, among other things, additional drilling at the Cachoeira Project with the goal of expanding and further defining the current resources, and completing additional studies and reports in connection with fulfilling license requirements."

The Transaction

Brazil Resources acquired 100% of the issued and outstanding shares of Luna Gold (International) Corp., which holds an indirect 100% interest in the Cachoeira Project through its subsidiaries. Brazil Resources paid $500,000 cash and issued 1,428,000 common shares (the "BRI Shares") to Luna at closing. Pursuant to the Agreement, the following additional payments are to be made by the Company to Luna:•$300,000 cash and 1,214,000 BRI Shares within 12 months of closing the transaction;•$300,000 cash and 1,214,000 BRI Shares within 30 days of receipt of approval of a mine development plan by the DNPM and the environmental preliminary licenses for a gold mining operation relating to the Cachoeira Project;•$2,500,000, payable in cash or BRI Shares, at Brazil Resources' sole discretion, upon commencing mine construction at the Cachoeira Project, consisting of completion of $500,000 of expenditures towards such construction; and•$3,000,000, payable in cash or BRI Shares, at Brazil Resources' sole discretion, one year after achieving commercial production at the Cachoeira Project.

The total consideration under the transaction amounts to approximately $12.0 million based on a deemed issue price of $1.40 per BRI Share utilized by the parties. Notwithstanding the foregoing milestones, all of the payments from Brazil Resources to Luna will become due and payable four years after the closing date of the transaction. Any discretionary share-based payments will be valued based on the volume weighted average trading price of the BRI Shares for the 10 days prior to such payment. Brazil Resources' payment obligations are evidenced by a promissory note issued by the Company to Luna, containing customary events of default and acceleration provisions, and are secured by security interests granted by the Company and its subsidiaries to Luna against, among other things, interests in the Cachoeira Project and the shares of the subsidiaries to be acquired under the Agreement.

Resource Estimate

Roscoe Postle Associates Inc. prepared a National Instrument 43-101 ("NI 43-101") technical report on the Cachoeira Project (the "Technical Report") for Brazil Resources dated July 19, 2012 and titled "Technical Report on the Cachoeira Project, Pará State, Brazil". The Technical Report provides the following current mineral resource estimate for Tucano, Arara and Coruja deposits of the Cachoeira Project:

In addition, the Technical Report states that good potential exists for continuation of mineralization at depth and between the three deposits following the major structural corridor. A complete copy of the Technical Report is available for review under the Company's profile on SEDAR at www.sedar.com.

The Cachoeira Project

The Cachoeira Project is located on the Gurupi Gold Belt, approximately 220 kilometres southeast of the Pará State capital of Belém and about 270 kilometres northwest of the port city of São Luis, Maranhão State. The Cachoeira Project comprises one contiguous block consisting of two mining and three exploration licenses covering approximately 4,742 hectares. Between 1985 and 2008, Luna and prior operators, completed drilling programs at the Cachoeira Project consisting of 183 diamond core holes (23,263 m), 94 RC holes (6,732 m), eight combined diamond/RC holes (1,307 m), and 488 auger holes (5,798 m) for a total of 773 holes drilled (37,100 m).

In addition to governmental royalties, the Cachoeira Project is subject to a 4.0% net profits royalty payable to prior owners. Up to one-half of such royalty interest may be re-acquired prior to the first anniversary of commercial production at the Cachoeira Project by paying the holders US$1,000,000 for each 0.5% increment of the royalty interest. If production is not achieved at the Cachoeira Project by March 10, 2014, a US$300,000 per year payment in lieu of the royalty will be payable to the royalty holders.

The Company's initial priority is to engage the local community surrounding the Cachoeira Project to form a project development plan. The Company's geological team will also conduct a review of prior work directly on-site, with plans to commence an in-fill drilling program, initiate follow-up geological work on geochemical anomalies not drilled or not adequately drilled previously, and to start an environmental baseline study in the near-term.

Brazil Resources is a publicly listed mineral exploration company with a focus on the acquisition and development of projects in emerging producing gold districts in Brazil and other parts of South America. Currently, the Company is advancing its newly acquired Cachoeira Project along with its Montes Áureos, Trinta and Maua Gold Projects located in the Gurupi Gold Belt in the state of Maranhão in northeastern Brazil, and its Artulândia Copper-Gold Project in Goias State, in central Brazil. Brazil Resources is also seeking to acquire and develop additional gold properties in Brazil and other locations in South America